This property presents a compelling opportunity for residential development in Kirkcaldy, ideally situated close to essential amenities such as schools, supermarkets, and local dining options. With full planning permission, building warrant, and listed building consent already secured (Planning Ref: 21/02127/FULL), the site offers the potential to be transformed into 18 apartments. The surrounding area has demonstrated a robust demand for housing, evidenced by recent successful sales of nearby properties. Should this project proceed as planned, it could yield a gross development value (GDV) of approximately £1,710,000 based on projected apartment prices of £95,000 each. Whether aiming for long-term rentals or short-term lets like Airbnb, this asset is poised for various lucrative uses post-renovation. Historically used as an old school and later for social work offices, the building does require renovation to unlock its full value. Given its prime coastal location and strong community ties, investing here means engaging with Kirkcaldy's evolving landscape while benefitting from its promising growth trajectory.
